Forex
The NZDUSD awaits the bullish rebound– Analysis - 25-05-2020
2020-05-25 02:10:38 GMT
(Economies.com)
The NZDUSD pair settles at the key support 0.6073 and keeps its stability above it, noticing that stochastic begins to overlap positively, waiting to resume the expected bullish trend for the upcoming period, which targets 0.6216 level mainly.
On the other hand, we should note that breaking 0.6073 and holding below it will stop the suggested rise and press on the price to decline towards 0.5958 initially.
The expected trading range for today is between 0.6050 support and 0.6160
The expected trend for today: Bullish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1299
|
-0.0032
|
0.2811%
|
|
|
|
|
1.2625
|
0.0118
|
0.9443%
|
|
|
|
Tadawul
|
7416.67
|
22.41
|
0.30%
|
|
|
|
|
18.683
|
0.337
|
1.834%
|
|
|
|
|
40.025
|
-0.210
|
0.522%
|
|
|
|
|
42.91
|
0.56
|
1.32%
|
|
|
|
|
1796.125
|
10.140
|
0.568%
|
|
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